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1099s; Forms List

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1099s; Forms List

PTL1

It would be a great advantage if the list of 1099s at the left of the return currently being prepared could be displayed by name in alphabetical order. When preparing a return with up to 40 1099s, it would certainly save time in entering the information after transferring to the next year's return.  So much time wasted in going through that long list searching for a particular name.  If in alpha order, not so much of a problem.

Also, the option to change the Font Size in the HomeBase would be of immense help.

Thanks for the idea. We are changing the status to "Open for voting" since it is no longer considered "New". If you have any questions on the life cycle of an idea, check out our Idea Getting Started Guide for more information.

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26 Comments
david3
Level 7

Yes, I have had the IRS require the client match the 1099s to their books. This was years ago so maybe they aren't doing that now.

abctax55
Level 15

I've been doing this for over 40 years; the IRS has never required specific F 1099 matching.  As long as the total gross income reported is equal to or more than the F 1099's issued AND the income is reported in the correct place (NEC = Sch C, rent = Sch E, etc) there is not an issue.

Now if the client give you an amount for Sch C that you use on the return, and the F 1099's issued to the client actually total more... your client *will* be getting a friendly letter from the IRS.   Not because they don't *match*, but because the gross amount is incorrect.

poltax
Level 3

I just double click on line 1a to get the supporting statement and enter the payer and amount, this way I have a record of 1099's given to me, so if 1 is missing, they can't blame me.

jl2
Returning Member

I like the completeness of having them all listed but would like alphabetical order.  That way if one or two or ten haven't been entered, you can ask your client if they did or did not receive one. It is a great check tool.  My client added about 30 new ones this year alone.  How difficult can it be to sort these?  Give us what we ask for.  If there are those who don't want to be bothered, so be it.  Since they match those 1099s, why not do it right?

taxes96786
Level 9

I prefer to enter them individually in order to insure the client has not missed any from year to year. IMO that is part of preparers due diligence.

IntuitGabi
Moderator
Moderator
Status changed to: Open for voting

Thanks for the idea. We are changing the status to "Open for voting" since it is no longer considered "New". If you have any questions on the life cycle of an idea, check out our Idea Getting Started Guide for more information.

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